Top tips for dealing with money stress
- Avoid rumination. Rumination is the process whereby cows vomit up digested matter and digest it again, several times over. Psychologists have borrowed the term to describe what human beings do with their worries, think about them over and over and over again. It's not easy to stop the process once it kicks in. The trick is to distract yourself. Put the kettle on, phone a friend, listen to some music. Non-stop obsessing will only make matters worse.
- Count your blessings. It might be a cliche but shifting focus from the negative to positive will help you feel more able to deal with adversity. You may be broke but hopefully you are healthy, intelligent, have a loving family and supportive friends.
- Tune out. A non-stop news diet economic mismanagement, job losses and company closures depresses even the most hardened media hacks. It can also contribute to feelings of anger and helplessness.
- Take responsibility where you can. None of us can change the prevailing economic winds or the overall financial health of our company or country. But we can do the best we can in our own universe.